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WorldRemit manager Susan Tanaka Sitemere explains how you can get the best currency exchange deals

WorldRemit manager Susan Tanaka Sitemere explains how you can get the best currency exchange deals

WorldRemit Country Manager Zimbabwe and South Africa Susan Tanaka Sitemere Transferring money abroad and exchanging currency is now an ordinary daily transaction for many Zimbabwean individuals and bu...

By Zim Now Writer •
FCAs fund 80% of Zim’s US$5.3 billion of import bill in 2022

FCAs fund 80% of Zim’s US$5.3 billion of import bill in 2022

 Foreign currency accounts are funding most of Zimbabwe’s imports with the auction and interbank only contributing about 20 percent of the bill, the Reserve Bank of Zimbabwe has reported.The report sa...

By Zim Now Writer •
IMF gives nod to Zim tight monetary policy

IMF gives nod to Zim tight monetary policy

The International Monetary Fund says Zimbabwe’s tightening of monetary policy is the way forward as it has stabilised the local currency.“The recent tightening of monetary policy and the contained bud...

By ZimNow Reporter •
Proposed $2.83bn Chinese investment in industrial park latest high investment in Zimbabwe as global lithium demand rises

Proposed $2.83bn Chinese investment in industrial park latest high investment in Zimbabwe as global lithium demand rises

Arcadia Lithium Mine plantZim Now WriterZimbabwe’s approval of the development of a $2.83bn battery-metals park, proposed by a group of Chinese investors signals the latest high value investment in th...

By Zim Now Writer •
SA i fintech eyes Zimbabwe informal sector

SA i fintech eyes Zimbabwe informal sector

Nomaini CEO Vahid MonadjemSouth African fintech Nomaini  is expanding into Zimbabwe and two other African countries with its informal sector payment platform solutions.CEO Vahid Monadjem told The Afri...

By ZimNow Reporter •
Economist predicts price reductions

Economist predicts price reductions

Nobesuthu NdlovuThe merging of the official exchange rate with the parallel market should now lead to price reductions, a local economist has predicted. “It is inescapable. The next wave is that of pr...

By ZimNow Reporter •
African governments must first understand informal sector archetypes for successful formalisation

African governments must first understand informal sector archetypes for successful formalisation

 If western business archetypes such as sole trader, private company, partnership, joint ventures, cooperatives and others were sustainable, most African economies would be vibrant. The reality on the...

By Charles Dhewa •
Fuel prices drop again, but fresh hikes could be on the way

Fuel prices drop again, but fresh hikes could be on the way

Zimbabwe Energy Regulatory Authority (ZERA) has announced another fuel price decrease with diesel now at US$1.74 a litre and petrol at US$1.53 as world average Brent Crude oil price is now US$ 94 down...

By Zim Now Writer •
Zimbabwe remains open for business, sort of- Opinion

Zimbabwe remains open for business, sort of- Opinion

 Mining and agriculture remain two of the key planks in the Zimbabwean economyDeal-making is still possible in Zimbabwe, if you know your way around.For proof, look no further than the transaction tha...

By Alastair Ford •
Zimbabwe missing on African wealth map

Zimbabwe missing on African wealth map

South Africa is the richest of five nations that have the individuals holding more than 50 percent of the continent’s private wealth according the Africa Wealth Report 2022.The other four are Egypt, N...

By Zim Now Writer •